CYPRESS. Calif. (Dec. 23)—Toyo Tire (U.S.A.) Corp. will increase increasing prices on all its tires by 4 percent on Feb. 1.
The hikes cover the firm´s passenger, light truck, medium truck and off-the-road tires, said Toyo Vice President Earl Knoper He attributed the price hikes to the rising costs of doing business.
Toyo last raised prices June 1, when it boosted the price of its consumer and commercial tires by up to 4 percent.